support level


Definition of support level

: a price level on a declining market at which a security resists further decline due to increased attractiveness to traders and investors

called also support area

Examples of support level in a Sentence

Recent Examples on the Web This foam style gives you both: Just flip the mattress to change the support level. Amy Roberts, Good Housekeeping, "The Definitive Guide to Buying a Mattress," 11 Nov. 2020 The 72% approval rate is, however, is much lower than the 93% support level obtained for the first national lockdown in March. David Goodman,, "England Virus Lockdown May Be Extended Beyond December," 1 Nov. 2020 Nationally, Biden also has a better average support level than that earned by Clinton. Mica Soellner, Washington Examiner, "Nate Silver: Electoral College for Biden not 'safe' unless he wins popular vote by 5-plus points," 3 Sep. 2020 The Job Retention Scheme, which pays 80 percent of a furloughed worker’s wage, is supporting almost 9 million jobs, and will last until October, albeit at a slightly tapered support level., "Airbnb saw increased bookings between mid-May and early June," 12 June 2020 There are many factors to consider, such as size, sleeping style, and support level. Samantha Weiss-hills, House Beautiful, "How to Design Your Bedroom for Better Sleep, According to an Interior Designer," 2 Apr. 2020 On Monday, the benchmark indices in India slipped below their crucial support levels. Niharika Sharma, Quartz India, "Airlines are in a spot as India further restricts inbound travel amid coronavirus pandemic," 16 Mar. 2020 The WeChat operator has lost $86 billion of market value since its April peak, and in October tested a key support level -- which would have precipitated a sharp and longer-term downtrend. Fortune, "The NBA Streaming Deal That Was Meant to Boost Tencent Is Now Dragging It Behind Arch Rival Alibaba," 12 Nov. 2019 One year from the 2020 election, President Trump trails some potential Democratic rivals in head-to-head matchups, with his national support level fixed at about 40 percent, according to a Washington Post-ABC News poll., "Trump trails Democratic rivals in national survey as independents move away - The Boston Globe," 6 Nov. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'support level.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of support level

1906, in the meaning defined above

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Time Traveler for support level

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The first known use of support level was in 1906

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Last Updated

19 Nov 2020

Cite this Entry

“Support level.” Dictionary, Merriam-Webster, Accessed 24 Nov. 2020.

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